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AUD/USD Forecast: Breather for RBA Amid Upbeat Jobs – Forex Crunch
The AUD/USD forecast suggests easing pressure on Australia’s central bank to cut borrowing costs. Australia’s unemployment rate eased from 4.3% to 4.2%. Market participants are even pricing a 7% chance of the Fed cutting rates by 50-bps. The AUD/USD forecast suggests easing pressure on Australia’s central bank to cut borrowing costs after an upbeat employment…
Intraday Analysis – Gold Getting Back on Track – Orbex Forex Trading Blog
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Asian stocks mixed before more rate cues, Japan dips on strong wage data By Investing.com – Forex Trader Hub
Investing.com– Asian stocks were a mixed bag on Wednesday as caution before more cues on interest rates kept investors to the sidelines, while Japanese markets fell sharply as strong wage data spurred fears of tighter monetary policy. Regional stocks tracked some strength on Wall Street following mild overnight gains, as a swathe of weak U.S….
Next week doesn’t start until Thursday | Forexlive
We’ve been spared from summer doldrums in financial markets this year but early next week could be something of a dud, particularly until Jackson Hole begins. Monday kicks off with Fed’s Waller speaking at 09:15 am ET but that will be all for the day. Tuesday features speeches from the Fed’s Bostic and Barr but…
Chart Art: Bitcoin (BTC/USD) Is Approaching a Major Resistance Area!
Risk-taking and anti-USD sentiment are extending bitcoin’s gains against the U.S. dollar! How high will BTC/USD fly before the OG crypto goes back to its longer-term downtrend? If the downtrend picks up, it could do so at these levels: Bitcoin (BTC/USD) Daily Chart by TradingView Unless you’ve been too busy binging on the 2024 Emmy…
The Week Ahead – Continuing the Climb – Orbex Forex Trading Blog
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